Critical Metals (NASDAQ:CRML) Shares Gap Up – Should You Buy?

Critical Metals Corp. (NASDAQ:CRML)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $6.47, but opened at $6.80. Critical Metals shares last traded at $6.80, with a volume of 506 shares trading hands.

Critical Metals Trading Down 3.2 %

The stock has a fifty day simple moving average of $6.68 and a 200-day simple moving average of $8.71.

Institutional Investors Weigh In On Critical Metals

Several hedge funds and other institutional investors have recently made changes to their positions in CRML. Bank of New York Mellon Corp acquired a new position in Critical Metals in the second quarter valued at approximately $185,000. Rhumbline Advisers acquired a new position in shares of Critical Metals in the 2nd quarter valued at $69,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Critical Metals in the 2nd quarter valued at $101,000. Barclays PLC raised its stake in Critical Metals by 322.8% during the 3rd quarter. Barclays PLC now owns 10,473 shares of the company’s stock worth $77,000 after acquiring an additional 7,996 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Critical Metals by 4.6% in the third quarter. Geode Capital Management LLC now owns 104,338 shares of the company’s stock valued at $776,000 after acquiring an additional 4,583 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Critical Metals Company Profile

Sizzle Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Sizzle Acquisition Corp. is based in Washington, the District of Columbia.